US: Industrial Production rises 0.3% in December

FXstreet.com (Barcelona) - US Industrial Production grew by 0.3% in December, following a 1.0% increase registered the previous month, according to data released by the Federal Reserve Board. This is in line with market consensus.

Capacity Utilization edged up to 79.2% in December from 79.1% in November and against forecasts of remaining at the same level.

GBP/USD breaking the descending resistance

There has been a series of data this morning for the pair and Sterling has rallied over a big figure.
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